Tuesday, December 12, 2006

Auto Industry Declares War on Estate Tax Laws

When inheritance is handed down to the Next Generation often a big chunk of change is a windfall for the kids. Many of them go out and buying new cars and take expensive vacations; the auto industry wants to see some of that money in their getting ready to launch the huge campaign to lobby the Senate to vote down the estate tax.

You can bet that the union autoworkers will get all the Democratic votes and you can also bet that many tax adverse Republicans will also vote down the estate tax. Government's job is to protect the people not to take our money and waste it.

We do not mean double taxation in the United States of America. This country was founded on much more and has deep-rooted principles, which are supposed to protect the American people from foolish government spending an over taxation. It looks like the auto industry will pull out all the stops in the estate tax war and do everything except maybe pollute the water with tea.

When inheritance is handed down to the Next Generation often a big chunk of change is a windfall for the kids. Many of them go out and buying new cars and take expensive vacations; the auto industry wants to see some of that money in their getting ready to launch the huge campaign to lobby the Senate to vote down the estate tax.

You can bet that the union autoworkers will get all the Democratic votes and you can also bet that many tax adverse Republicans will also vote down the estate tax. Government's job is to protect the people not to take our money and waste it.

We do not mean double taxation in the United States of America. This country was founded on much more and has deep-rooted principles, which are supposed to protect the American people from foolish government spending an over taxation. It looks like the auto industry will pull out all the stops in the estate tax war and do everything except maybe pollute the water with tea.

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